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Computadoras y Ms offers discounts to its customers and allows the customer to return the product if they are not satisfied. Computadoras y Ms had

Computadoras y Ms offers discounts to its customers and allows the customer to return the product if they are not satisfied. Computadoras y Ms had sales of $ 850,000 and offers the customer a payment term of 3/12 n / 30. The company received $ 15,000 in returned items. Cost of goods sold for the period after returns was $ 320,000. Calculate net profit and gross profit.

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